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Commerce Resources Corp V.CCE

Alternate Symbol(s):  CMRZF

Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is primarily focused on suppling of mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. Its primary asset is the Eldor Property in Quebec. The Eldor Property is situated in northern Quebec approximately 130 km south of the town of Kuujjuaq. The Property is 100%-owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.


TSXV:CCE - Post by User

Post by AllDutch1234567on Feb 09, 2021 9:13am
133 Views
Post# 32511045

Exciting: Saville's drill program includes Miranna target

Exciting: Saville's drill program includes Miranna target

A snippet from the Saville NR on the upcoming summer dril program.

In addition to follow-up drilling at the Mallard Prospect, the Company intends to complete one (1) to two (2) drill holes at the Miranna Target, a high-quality target that has yet to be drill tested. The Miranna Target is characterized by a strongly mineralized (niobium-tantalum-phosphate), glacially dispersed boulder train with an apex that correlates with a distinct magnetic high anomaly, which is interpreted to be the source. Sample assays of the mineralized boulders from the train include 5.93% Nb2O5, 310 ppm Ta2O5, and 11.5% P2O5; and 4.30% Nb2O5, 240 ppm Ta2O5, and 13.4% P2O5; as well as multiple additional samples grading >1% Nb2O5.

Company President and Director, Mike Hodge comments; "we are excited to announce this drill program at the Niobium Claim Group and further expand upon the high-grade discoveries in drill hole from the Property to date. The Property hosts considerable potential for high-grade niobium, tantalum, phosphate, and fluorspar and we feel strongly that we have only scratched the surface."

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